COMPANIES

As Amazon (AMZN) launched its much-awaited Kindle Fire Thursday attracting rave reviews, its top competitor Apple (AAPL) posted gains in the street ending the day at $676.27, gaining $6.04, almost 1 percent higher than the previous close.

Air India took delivery of its first Boeing 787 commercial widebody airplane on Thursday at Boeing Co's final assembly plant after a months-long dispute between airline and manufacturer over compensation for a four-year production delay.

Sportman's Elite, a local sporting goods retailer that sells firearms and hunting equipment in El Paso, Texas, will be giving away a handgun to one of its Facebook fans once the page reaches 300 "likes."

Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, announced a new model of its Kindle Fire tablet, priced at $159 and available Sept. 14, as well as a new version of its e-reader dubbed Paperwhite, priced at $179 and $119.

General Motors Company (NYSE: GM) is hoping its Chinese designed Chevrolet Sail can push its struggling Indian unit out of a sales doldrums.

All eyes may be on Apple's iPhone announcement next week, but on Wednesday night, Amazon strategically "leaked" an ad for its newest line of Kindle e-readers and tablets a day ahead of the company's planned launch event for those products. Amazon is expected to hold a press conference on Thursday, which many believe will see the unveiling of new Kindle devices, including a sequel to the Kindle Fire, unofficially dubbed "Kindle Fire 2."

Employment in the U.S. private sector increased by 201,000 jobs – a greater addition than originally forecast for the month of August, according to an ADP study released Thursday. Employment in the U.S. private sector increased by 201,000 jobs – a greater addition than originally forecast for the month of August, according to an ADP study released Thursday.

Samsung Electronics (Seoul: 005930) said shipments of its latest-version Galaxy S3 smartphone exceed 20 million, only six weeks after passing the 10 million mark. The announcement cements the South Korean electronics giant’s lead as the No. 1 seller in the Android OS sector.

The U.S. Federal Communications Commission (FCC) will commence evaluation of the mobile broadband speed to help customers know if they are getting value for money.

Even as FBI denied Antisec Hacker group's claim that it stole personal identification data from millions of Apple device owners, news of Obama's iPad being compromised is making rounds in technology circuits.

Apple (AAPL) stock closed Sept.5 at $670.23 losing 4.74 points ending 0.70% lower than the previous close. The marginal fall indicates that Apple is not heavily impacted by the new phone launches from competitors Nokia, Motorola and Samsung.

For more than a year, most Apple fans and followers of the brand have called the company's sixth-generation smartphone "the iPhone 5." But after releasing the new iPad in March - not the iPad 3, or the iPad HD - it looks like Apple will once again release a new iOS device without a distinguishing name or number. A newly-released photo shows a woman holding the iPhone 5 packaging box, but the label very clearly reads, "The new iPhone."

Ubisoft Entertainment announced on Wednesday that it is abandoning its always-online digital rights management (DRM) practices for PC games, ending a long battle between the software publisher and its critics and consumers over the controversial anti-piracy measure.

According to Nielsen, the left-leaning MSNBC was the ratings winner among cable news networks that covered the opening of the DNC on Tuesday, a different picture from last week when Fox News cleaned house during the RNC.

Railroad executives said Wednesday that they are not expecting strong growth in cargo volume in the pre-holiday shopping season, but most future holiday gifts are delivered by trucks.

TransCanada submits a new route for its proposed Keystone XL Pipeline that skirts ecologically sensitive areas in Nebraska. A State Department decision is expected early next year.

Capcom, who has been facing tumbling revenue over the past few quarters, has come up with a plan to turn things around. These plans include smaller development teams and shorter development schedules.

Despite taking the wraps off its anticipated Lumia smartphones using the new Windows 8 from Microsoft (Nasdaq: MSFT), the world's biggest software company, Nokia’s shares plunged 11 percent after CEO Stephen Elop claimed, “We need to succeed with this and take it to the next step.”

The UAE is expected to spend an average of $11 billion a year through 2031 on an estimated 882 commercial aircraft, according to a report by Airbus on the global market for aircraft.

AMR Corporation's (PINK: AAMRQ) American Airlines took a major step toward emerging from bankruptcy after a federal judge tossed out its pilots' union contract, ending a dispute with the only union it had failed to reach a deal with on concessions.

Facebook's (FB) stock continued to witness swinging fortunes as its prices hit an all-time low of $17.55 Tuesday before closing at $17.72, almost 1.82 percent lower than the previous close. Amidst the fluctuating fortunes, CEO Mark Zuckerberg declared that he would not sell any shares at least for another one year.

China will need 5,260 new commercial airplanes, valued at $670 billion, over the next 20 years, according to Boeing, one of the providers of passenger airplanes for China.

On the heels of a positive first quarter, the Western European mobile phone market failed to maintain a positive trend, due to a weaker economic environment and the new product launches expected in the third quarter, said a new report by market research firm IDC. The total shipments of devices dropped 1.9 percent year on year to 42.1 million units.

As the countdown for the next-generation iPhone launch, largely viewed as "iPhone 5" knocks down to a week, news of recently promoted Apple (AAPL) executives receiving generous stock grants worth over $50 million is making waves.

Turning long-running speculations into fact, Apple sent out invitations Tuesday, confirming a special media event related to the next iPhone, aka "iPhone 5," in San Francisco on Sept. 12. The event is scheduled to take place at the Yerba Buena Center for the Arts at 10 am PT.

General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.

Global carmakers reported robust sales growth in August, indicating improving consumer sentiment and demand by small businesses and contractors. Companies including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Honda Motor Co. (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM) all reported major gains.

Hubert Joly, the new CEO of Best Buy Co. Inc. (NYSE: BBY), is going to spend his first week on the job pulling the old king-as-commoner routine, donning the company's uniform and working a few of the showrooms.

Sales of the Galaxy S3 from Samsung Electronics (Seoul: 005930)in August surpassed those for the I Phone 4S in the U.S. for the first time, said analyst T. Michael Walkley, of Cannacord Genuity.